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20130113
20130121
Search Results 0 to 5 of about 6 (some duplicates have been removed)
by an overhaul of social security. and in his second term, reagan gained a major tax reform. on the defense front, republican president reagan again with the help of the rity presided over a major increase in the defense budget, congress presided over a major increase in the defense budget, the defe including straby millions of protesters here and abroad. also commander in chief reagan gained secret aid for freedom fighters in central america, the quote unquote contras. in his second term reagan negotiated a nuclear arms control treaty with our then by senate. enemy the soviet union ratified by a democratic center. in republican reagan could work with democrats controlling both the house and for two years the senate, why can't president obama, a democrat, achieve more with republicans who control the house and his democrats who control the senate? >> there's a lot of myth about tip o'neal and ronald reagan working together. they did not. >> you saw the picture. >> they did not. look, in reagan's first term, you know who he worked with? he had a republican senate by ten votes and he had a democrat
it will ultimately play out during the longer term time frame building some defense into your portfolio makes sense displom you're doing that by going with phillip morris international. a nice yield of 4%. that's a bit protective. and a stock price at close to $90 a share. what do you expect over the next 12 months? >> this is our broad theme of moving into the middle, taking away from the most risky equityes, taking away from the most defensive cash and treasury investments. that means being more defensive in equity. it's a quality growth dividend growth, stable business where the revenues will not move around a lot in different economic environments but because of their high profit margins, they're able to generate a good amount of investment returns for us through the period. we think that's an ideal investment, preferg to be in the middle of the risk spectrum not on the two extremes. >> tom: are you willing to give up a littlibility of the volatility. in other words, do you expect phillip morris to keep pace with the overall market this year or do better or worse? >> it's not our intention to h
on the path of we want the democracy no matter what. playing defense in that way is limited. but more importantly, the senate resolution 4, which is what will be discussed in the caucus next tuesday before it comes to the senate floor, would maintain, in fact, it would strengthen the filibuster. it would actually say, filibuster, good, you have to talk. both sides would have to talk because the majority would have to talk as well. so what we're talking about is not limiting the rights of the minority, we're talking about getting issues on the floor of the u.s. senate starting next week. >> the 112th congress just ground to a halt, absolutely nothing done. the word record in recorded history. how did we get into this fix? >> well, starting in the '70s, it got worse and worse and worse. it used to be the filibuster was rare. very, very rare. so in lyndon johnson's tenure as majority leader which ended when he was vice president in january of '61, there was one filibuster in his six years. and harry reid's six years, almost 400. that's the contrast. it's gradual. the right to filibuster
defensive in the markets's natural for people to think about two sectors, health care and staples. we really like health care more than staples right now. we see that pretty clearly. health-care companies are beating estimates more, they have higher cash balances and you know they are much cheaper. they really never have been cheaper on forward earnings relative to staples so we really like that overweight health quarter underweight staples call. as for industrials you have a lot of high quality u.s. companies. some have the china exposure. others benefit from energy and infrastructure or improvement in housing so it seemed like there were fundamental reasons to be more optimistic on that group of stocks. >> susie: okay. well, we'll see how it goes this year. thanks for coming on the program. we've been speaking with adam pozen. >> susie: it's not easy being a retailer these days, especially if you rely on customers buying at your store. many consumers come in and browse, but make their purchases online. but tech innovations are helping to change that. erika miller got a sneak peek at the in
Search Results 0 to 5 of about 6 (some duplicates have been removed)